Hacked: Hacking Finance

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US Bank Uses Mobile Phones Geolocation to Prevent Fraud

Posted on October 22nd, 2016.

The U.S. Bank has unveiled that it is attempting to stop fraud by using consumers’ mobile phones geolocation to determine if a consumer’s card information matches that of its phone, according to a report by American Banker. Nowadays, it’s no longer possible to walk down the street without seeing someone on their phone. Nor is it possible...